Liberty Global is hoping part-owned Belgian operator Telenet will take advantage of the renewed sale of Wallonia-region cable operator Voo to create a national-scale player in the country, according to CEO Mike Fries. Speaking at the Morgan Stanley European Technology, Media and Telecom conference online last week, Fries said that the acquisition of Voo by […]
The European Commission has acceded to a request by the UK competition regulator, the CMA, to review the planned merger between Liberty Global-owned Virgin Media and Telefónica’s O2. The CMA lodged its request soon after the EU started its investigation into the merger in October. The decision means that the CMA will now begin a […]
Despite a difficult financial climate, Liberty Global is still bullish on its planned mergers and acquisitions. Announcing its financial results, Liberty Global confirmed that it has been impacted by the pandemic, with revenues down by 1.3% on an organic basis including US$40 million in “low margin Covid-19 related factors.” Adjusted EBITDA also saw a dip […]
The EU’s antitrust chief is close to a decision on whether Britain will be allowed to rule on the proposed merger of Liberty Global’s Virgin Media and Telefónica’s O2. The £31 billion merger was first announced in May, but has faced hurdles over regulatory responsibilities due to Brexit. The EU initially had until November […]
Liberty Global and Telefónica have warned of a potential delay to the merger of their UK operations after UK competition watchdog the CMA, has made a request to the European Commission to refer the proposed combination of Virgin Media and Virgin Mobile with O2 to it. The CMA said that it believed the case should […]
The EU’s antitrust regulators have set a deadline of November 5 to decide on the proposed merger of Liberty Global’s Virgin Media and Telefónica’s O2. First announced in May, the 50-50 merger promises to create a major competitor to UK market leader BT. It will combine the fixed line and TV offers of Virgin with […]
ViacomCBS Networks UK has signed a deal with Telefónica-owned mobile operator O2 to give customers complimentary access to MTV Play. The agreement will see new and existing O2 customers offered access to the SVOD for three months, free of charge. The app launched in 2017, and provides users with hundreds of hours of long gorm […]
The UK’s Competition and Markets Authority (CMA) is set to ask Brussels for full control over the review and approval of the proposed merger of Liberty Global’s Virgin Media and Telefónica’s O2. The merger, announced at the beginning of May, has a proposed valuation of £31 billion, and promises to create “a stronger fixed and […]
Liberty Global’s agreement with Telefónica to combine Virgin Media and O2 in the UK presents a big chance to cross-sell products, including potentially targeting lower-end customers, according to Liberty CEO Mike Fries. Speaking at Bank of America Securities’ 2020 Telecom & Media Conference online, Fries said that some 80% of Virgin customers have some other […]
Liberty Global sees “some compelling logic” in a combination of Belgian operator Telenet and its Dutch JV VodafoneZiggo, according to CEO Mike Fries, although such a combination is probably too complex to happen any time soon. Speaking online for a Bank of America Securies Telecom & Media Conference, Fries said there was “some compelling logic […]
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30 January 2023 @ 15:00:00 UTC
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